We use cookies to optimise your experience on our website. If you continue we'll assume that you are happy to receive our cookies. However, if you would like to, you can change your cookie settings at any time.

Continue

For improved printing use the print button on the page

print button

2 bedroom off-plan for sale

Portugal - Algarve, Carvoeiro

€2,500,000

like this property?

Call: 03339 397671

Commercial information:

  • 179,542 sq ft (16,680 sq m)

Key features:

  • Plot with 16680 sq/m
  • Walking Distance to Centre of Carvoeiro Village and beach
  • Mature Trees
  • Parking

Full description:

Development site with planning permission for 30 units. This site would have a GDV of Euros 9M and is was on the market for 3.5M. Building Plot with 16.680m2 ( square meters ) to built 30 Touristic Apartments, communal Swimming pool and private parking in a private condominium. Total Construction area 3.571 m2 ( square meters ) for 10 X T1 +1 (one bedroom plus extra room with 109m2), 15 X T2 (Two bedroom 109m2), 5 X T2 +1 ( Two bedroom plus extra room 139m2).
Now Land Price with Full Building License 1,500,000
Build Cost (supported by 3 estimates approx) 3,000,000
Contingencies say 200,000
Total 4,700,000
GDV, based on a current market price of 7,200,000
240,000 p/u x 30 units
Potential Return 2,500,000

About Us

EDL are a family owned and run Estate Agent with our offices located in the centre of the beautiful Algarve fishing village of Carvoeiro, www.carvoeiro.com. We have been established in Carvoeiro for over 33 years and have been government licensed as an Estate Agent since 1995. In addition to our Estate Agency, our family construction business has built more than 900 properties within the village and surrounding areas and we continue to design and build projects in the locality.

With such a wealth of local knowledge, EDL are best placed to assist you with all your property requirements, be that the purchase of an apartment or perhaps something larger such as a Villa or private estate. We can source a property to match your exact requirements and if needed guide you through the purchase process with the assistance of our long established legal connections.

If you already own a property in Carvoeiro or surrounding areas, we would welcome the opportunity to discuss how EDL could professionally market your property.

This pin shows the exact location of the property as provided by the Advertiser

Nearest Airports*

  • Faro (International), 28 miles

*Distances are straight line measurements. This feature is currently in beta.

To view this property or request more details, contact
Edgar Douglas de Lagos - Sociedade Mediacao Imobiliaria Lda, Carvoeiro

Rua do Barranco 4, Praia do Carvoeiro, 8400-508 Carvoeiro Lagoa(Algarve) Portugal
03339 397671  Local call rate
About Edgar Douglas de Lagos - Sociedade Mediacao Imobiliaria Lda, Carvoeiro

EDL are a family owned and run Estate Agent with our offices located in the centre of the beautiful Algarve fishing village of Carvoeiro, www.carvoeiro.com. We have been established in Carvoeiro for over 33 years and have been government licensed as an Estate Agent since 1995. In addition to our Estate Agency, our family construction business has built more than 900 properties within the village and surrounding areas and we continue to design and build projects in the locality.

With such a wealth of local knowledge, EDL are best placed to assist you with all your property requirements, be that the purchase of an apartment or perhaps something larger such as a Villa or private estate. We can source a property to match your exact requirements and if needed guide you through the purchase process with the assistance of our long established legal connections.

If you already own a property in Carvoeiro or surrounding areas, we would welcome the opportunity to discuss how EDL could professionally market your property.


Disclaimer

This is a property advertisement provided and maintained by Edgar Douglas de Lagos - Sociedade Mediacao Imobiliaria Lda, Carvoeiro (reference 2225) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

This property is marketed by:

Edgar Douglas de Lagos - Sociedade Mediacao Imobiliaria Lda, Carvoeiro

Rua do Barranco 4, Praia do Carvoeiro, 8400-508 Carvoeiro Lagoa(Algarve) Portugal
or call 03339 397671
Calling from outside the UK? 00351282356992

Spotted an error?

In order for us to help our agents maintain accurate and up-to-date information please inform the agent if you have noticed an error with this property. If you are the vendor, please contact your agent directly.